Wedding Saver account
When it comes to paying for your wedding, we could all use a bit of help! 75% of Wedding Magazine brides admit that they needed more help budgeting and saving up for their wedding. That's where Wedding Saver comes in.
Saffron Building Society offer a special Wedding Saver account; ideal for saving for your dream day. You can view and access your money any time*, and it's really easy to set up monthly payments or add extra top-ups whenever you can.
Wedding Saver offers an interest rate that is guaranteed to be in the best ten available in the online savings market; you can be confident that your savings will be working hard! When partnered with the Plan. Save. Get Married! website, Wedding Saver offers additional discounts, promotions and all the support and inspiration that you need to turn your Wedding dream in to a reality.
The Wedding Saver account accompanies the Plan. Save. Get Married! website and offers the convenience of online access with a competitive rate of interest. To open a Wedding Saver account you need to complete the process of setting up Saving Goals on Plan. Save. Get Married!.
| Summary Box Key Product Information for our Savings Accounts |
|
|---|---|
| Account name | Wedding Saver account |
| Interest rates (AERs) | 2.25% variable |
| Tax status | Interest is paid net of tax unless you have registered an R85 form |
| Conditions for bonus payment | There is no bonus payment for this account |
| Withdrawal arrangements | Minimum £10 withdrawal |
| Access | Easy access online 24/7 * |
- Open with a minimum of £10 (a minimum balance of £10 must be maintained)
- Maximum investment of £2,000,000 for joint accounts and £1,000,000 for sole accounts
- You can open your account by internal transfer from another Saffron account or electronically from your bank (e.g. direct debit or standing order)
- You can make regular monthly payments or one-off payments into your account electronically from your bank (e.g.direct debits or standing order)
- You can transfer money out to another Saffron account or electronically to your bank
- You must be 16 or over to open this account
- This account pays an interest rate guaranteed to be in the best ten available in the online savings market **
* Whilst we aim to provide 24 hour access to your accounts this service may very occasionally be reduced, for example when improvements / updates are made to the site.
** The rate will be calculated on a quarterly basis. On the first working day of the months of February, May, August and November the top ten online immediate access savings accounts according to Moneyfacts will be reviewed and the rate will be determined within the range of the first and tenth interest rates listed. If the rate changes you will be informed, as per our online account terms and conditions, by email of this change.
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 | £2,000,000 | 2.25 | 1.80 |
current rates valid from 16 February 2010
| Minimum investment | Maximum investment | Gross p.a. / aer % | Net p.a. % (after deduction of basic rate tax) |
| £10 | £2,000,000 | 2.25 | 1.80 |
previous rates not applicable
